July 29th, 2011
British government gets tough on corruption abroad Ghana Business News, July 28, 2011 ING says could face fines following U.S. investigation Reuters, July 27, 2011 Fail, Brittania NPR, July 29, 2011 India cabinet drafts anti-graft bill, activists slam as weak Reuters, July 28, 2011 UK ‘helps dictators buy Paris homes’: African leaders accused of stealing
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July 29th, 2011
Classification is important—in any discipline. Classification of symptoms helps doctors determine the correct treatment for patients. It helps us pick out the right book in a library, settle on the appropriate sentence for a convict, and compare species of plants.
For similar reasons, researchers collect countries into groups based on a variety of metrics that define prosperity. These systems allow us to compare gains in development, to better understand how gains in development can be achieved, and determine appropriate aid packages. It isn’t always easy because there isn’t any one parameter that successfully defines wealth or prosperity.
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July 28th, 2011
On Wednesday, the SEC announced a $16 million settlement in an FCPA case filed against Diageo, Inc. The company, which dominates the global liquor market, was accused of spending at least $2.7 million on bribes through its Asian subsidiaries, and omitting or mislabeling those funds in SEC filings. These bribes were given to government and military officials in South Korea, India, and Thailand in order to gain a variety of advantages, from tax breaks to more beneficial policies in transfer pricing negotiations. Bribes included trips to Europe, while one Thai bureaucrat received $12,000 a month for helping...
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July 28th, 2011
The best way to manage Tunisia?
Financial Times, July 28, 2011
Delay in safe harbour rules increasing confrontation between IT firms & taxman
The Economic Times, July 28, 2011
RBS warned by regulators over US operations
BBC, July 27, 2011
Small Businesses Demand Debt Deal Address Corporate Tax Dodging
Huffington Post, July 27, 2011
Insight: Microsoft use of low-tax havens drives down tax bill
Reuters, July 27, 2011
Bribery fallout sinks £5-note deal
The Age, July 28, 2011
